One suspect believed to be involved in money laundering was arrested by Singapore police in the raid of a car loan company with ties to the Prince Group chairman, Chen Zhi. Singapore police raided SRS ...
HSBC overhauls trading business in bid to become debt powerhouse
The firm’s Group-of-10 rates trading unit will be combined with its foreign exchange, emerging markets rates and commodities desks to form a new global macro division, according to a memo to staff.
DBS Foundation tops list of S’pore’s largest private donors, committing over $100m to social causes
It made the top 10 for the first time, along with the Elaine and Eduardo Saverin Foundation and UBS Optimus Foundation. Read more at straitstimes.com. Read more at straitstimes.com.
Infinity Developments to raise $13.7 million via all-placement IPO at 39 cents each
The company, whose customers are mainly shoe makers based in the region, plans to raise new funds to fund regional expansion ...
HSBC names Ruby Ho as head of markets and securities services, ASEAN
She will lead the MSS business in Singapore and the whole region. HSBC has appointed Ruby Ho as head of markets and securities services (MSS), ASEAN, effective immediately. Ho will be responsible for ...
The IPO market is being re-globalized as Asia’s markets embrace dual listings and corporate governance reform
Southeast Asia’s IPO market, after a lengthy slump, is starting to recover. According to Deloitte, total IPO proceeds across Southeast Asia are up by 53% so far this year, with particular energy in ...
Singapore imposes sanctions, entry bans on four Israeli settlers
Singapore sanctions four Israelis for violent acts in the West Bank as it supports international law and signals readiness to recognise a Palestinian state.
RHB Singapore Celebrates Launch of Parkway Premier Centre with Exclusive Wealth Promotions
RHB Singapore announces today the opening of its new Parkway Premier Centre at Parkway Parade, following a comprehensive expansion that positions the Branch as a service hub for personal, priority and ...
Cathay United Bank Singapore Branch Becomes First Taiwanese Bank in Singapore to Launch Corporate Bond Offerings
As global supply chains realign and geopolitical dynamics reshape investment flows, Taiwanese and multinational companies are accelerating their expansion into Southeast Asia. With its political ...
OCBC app adds 8 digital wallets from across South-east Asia
In the long term, the bank aims to connect customers with 50 wallets worldwide Read more at The Business Times.
‘Extremist violence’: Singapore imposes entry bans on 4 Israelis over attacks on Palestinians
Singapore will impose targeted financial sanctions and entry bans on four Israeli individuals with immediate effect, said the Ministry of Foreign Affairs (MFA) in a statement on Friday (Nov 21). It ...
Singapore raises 2025 growth forecast to ‘around 4%’; expects 1-3% growth in 2026
The 2025 forecast upgrade came on better than expected Q3 performance, driven by AI chips Read more at The Business Times.
OCBC app adds 8 digital wallets across S-E Asia as bank aims to hit target of 50
The wallets include GCash, GoPay, as well as Momo and Touch ‘n Go. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore Central Bank Says Monetary Stance Remains Appropriate
SINGAPORE (Reuters) -Singapore's monetary policy stance remains appropriate, with the output gap expected to remain positive in 2025 and come in at around 0% next year, central bank chief economist ...
Singapore’s ‘finance-savvy’ crypto retail prefers trust over low fees: Survey
A new crypto-focused survey reveals that Singaporeans are adopting long-term, risk-aware crypto habits as MAS tightens its oversight.
The Johor-Singapore SEZ will be more than an ‘industrial park with a nicer brochure,’ says the chair of the state’s investment committee
For the long run, we have to look at how we are going to create a regional champion," said YB Lee Ting Han at the Fortune Innovation Forum.